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KION GROUP AG is a leading provider of industrial trucks and stackers, headquartered in Frankfurt, Germany. The company operates in more than 100 countries, with over 35,000 employees worldwide. KION's portfolio includes a wide range of products, including forklifts, pallet trucks, and order pickers, as well as automated solutions for warehouses and distribution centers.

KION's commitment to sustainability is evident in its focus on decarbonisation and renewable energy. The company has set ambitious targets to reduce its greenhouse gas emissions and is actively working to transition to a low-carbon economy. KION is committed to achieving net-zero emissions by 2050 and has already made significant progress towards this goal.

One of the key ways that KION is reducing its carbon footprint is through its corporate energy strategy. The company is working to increase the use of renewable energy sources, such as wind and solar, in its operations. KION has already installed solar panels at several of its facilities, generating clean energy and reducing its reliance on fossil fuels.

KION is also exploring the use of corporate power purchase agreements (PPAs) to support the development of new renewable energy projects. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for the electricity generated by the project. By entering into a PPA, KION can support the development of new renewable energy projects and secure a stable, low-cost source of clean energy for its operations.

In addition to its focus on renewable energy, KION is also committed to improving energy efficiency and reducing energy consumption. The company has implemented a range of measures to optimize its operations, including the use of energy-efficient lighting and heating systems, as well as the adoption of energy management systems to monitor and control energy use.

KION's commitment to sustainability extends beyond its own operations and into its supply chain. The company works closely with its suppliers to ensure that they meet high standards of environmental and social responsibility. KION has established a supplier code of conduct, which outlines its expectations for suppliers in areas such as human rights, labor standards, and environmental performance.

Overall, KION GROUP AG is a leader in the industrial trucks and stackers sector, with a strong commitment to sustainability and decarbonisation. The company's focus on renewable energy, energy efficiency, and responsible supply chain practices is setting a new standard for the industry and demonstrating that sustainable business practices are not only good for the planet but also good for business.

✓ Declared Net Zero commitment